Michael T. McCaul bought PennyMac Mortgage Investment Trust (NYSE: PMT)
Michael T. McCaul (R-TX), a U.S. Representative, has disclosed 10 trades in PennyMac Mortgage Investment Trust (PMT) since 2017, 6 purchases and 4 sales, worth an estimated $489K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Michael T. McCaul bought $50,001 - $100,000 of PennyMac Mortgage Investment Trust (NYSE: PMT) on August 7, 2017. Since that trade, PMT is up +48.03% against the S&P 500 up +237.74%, an outperformance of -189.71%.
Across these filings, Michael T. McCaul has been a net buyer of PMT (a buy-to-sell ratio of 1.50). The most recent disclosed PMT transaction shown was dated August 29, 2017. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Michael T. McCaul's PMT trades vs the price
PMT is up +48.03% since Michael T. McCaul bought on August 7, 2017, versus +237.74% for the S&P 500.
Performance since this trade
All Michael T. McCaul PMT trades
Estimated profit is shown for buys only, marked to the latest close. It is an estimate and does not net later sells, taxes, or fees.
Michael T. McCaul & PMT trading FAQ
Is it legal for Michael T. McCaul to trade PennyMac Mortgage Investment Trust (PMT) stock?
Yes. Members of Congress are allowed to trade individual stocks, including PennyMac Mortgage Investment Trust (PMT), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did Michael T. McCaul buy PMT?
Michael T. McCaul disclosed a purchase of $50,001 - $100,000 of PennyMac Mortgage Investment Trust (PMT) on August 7, 2017, according to public STOCK Act filings.
How has PMT performed since Michael T. McCaul's trade?
Since Michael T. McCaul bought PMT on August 7, 2017, the stock is up +48.03%, versus +237.74% for the S&P 500 over the same period, an outperformance of -189.71%.
How many times has Michael T. McCaul traded PMT?
Michael T. McCaul has disclosed 10 PMT trades since 2017 (6 purchases and 4 sales). Every disclosed trade is listed on this page.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional PMT trades?
Quantellect tracks every disclosed congressional trade in PennyMac Mortgage Investment Trust (PMT) on the PennyMac Mortgage Investment Trust congressional trading page, which aggregates filings across all members of Congress.
Michael T. McCaul's PMT tradesAll congressional filings for PennyMac Mortgage Investment TrustMichael T. McCaul's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.